For those of us who are independent contractors with Doordash, Uber, Instacart, Lyft etc

For those of us who are independent contractors with Doordash, Uber, Instacart, Lyft etc

  • Your business has to be in a low income community.
  • You have to demonstrate you had an economic loss over an 8 week period compared to the same 8 weeks of the year before.
  • You have to have less than 300 employees.

, the 300 employee thing is obviously not an issue. The original limit was 500 employees. If your business is part of this first round, has received an advance before and you do have a lot of employees, chances are you already received the maximum.

Your business address needs to be in a low income tract. For most of us who are 1099 contractors, that’s your home address. You can get more details about what it means to be in a low income area and paydayloan how to find the specific details for your area here.

The economic loss piece gets a bit trickier. In the original application, you only needed to have information off your 1099 from 2019. This time around you need much more specific week by week numbers.

The criteria is that for any 8 week period after , if gross earnings were more than a 30% loss compared to the same 8 week period of the year before, you would qualify. That’s the earnings before expenses are taken out. You can read more about economic loss reqirements here, or you can access the tool we put together where you can enter your weekly income and identify if there’s an 8 week period where you had a loss.

Where do you apply?

This is a “don’t call us, we’ll call you” kind of thing. There is nowhere to go after this particular grant, you have to be invited by the SBA in order to apply for the targeted advance.

Remember that the priority for the additional funds is to go first to those who received the initial advance, then second to those who applied but then grant funds were no longer available. The SBA has your information, and they will reach out.

The invitation email.

They have started sending out the email to invite people to verify information and to provide a first round of information.

Read the email carefully. I’ll include a lot of it in this article. However, in the event it does change, if you do get the email, read through it. There’s a lot of information that is important to know.


The SBA is launching a new round of economic injury disaster loan (EIDL) Advances called Targeted EIDL Advance which provides eligible businesses with $10,000 in total grant assistance. If you received the EIDL Advance last year in an amount less than $10,000 and you meet the Targeted EIDL Advance eligibility requirements, you may be eligible to receive the difference up to the full $10,000. The combined amount of the Targeted EIDL Advance and any previously received Advance will not exceed $10,000.

Please review the eligibility criteria and application instructions below carefully before you proceed to the application portal for the Targeted EIDL Advance.

Additional sections of the letter.

The email went on to lay out criteria for the grant. A screenshot of that criteria is shown in the eligibility portion of this post above.

We recommend that you have a copy of your 2019 Federal Tax Return on hand to assist you in completing the Targeted EIDL Advance application questions. You will also be asked to confirm that the information provided in your original EIDL application is still accurate. If there are any changes, you may be asked to provide documentation in order to determine if you are eligible for a Targeted EIDL Advance. Applicants that pass the initial eligibility requirements will also be required to electronically sign an IRS Form 4506-T allowing SBA to obtain tax transcripts directly from the IRS before we can approve your request for the Targeted EIDL Advance.

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